This income-producing brick duplex in Cantonment, FL sits on nearly half an acre and brings in $1,995 per month in rental income. Each side features 2 bedrooms, 1 full bathroom, a spacious living area, a functional kitchen, a utility room, and a large covered back patio. The property backs up to trees, providing excellent privacy for tenants. Both units are currently tenant-occupied. Unit #37 (left side) rents for $1,050 per month on a lease through September 30, 2025. Unit #38 (right side) rents for $945 per month on a lease through December 31,2025. Water, sewer, and sanitation are paid by the seller and average approximately $175 per month. The roof was replaced in 2019, and the entire property was rewired with a permit in 2018. Recent updates include three new window A/C units for Unit #37 and a new A/C unit for the master bedroom of Unit #38, all installed in 2023. One of the water heaters was replaced in 2024. Please do not disturb the tenants. With steady income already in place and room to build additional value over time, this property offers a strong long-term investment opportunity. Additional photos and details are available upon request.
Sold for $170,000 on 08/28/25
Zestimate®
$170,000
1221 Lake Dr, Cantonment, FL 32533
4beds
1,404sqft
Duplex
Built in 1971
-- sqft lot
$170,000 Zestimate®
$121/sqft
$1,313 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 07:17pm
Listed by:
Matthew Jones 850-490-1290,
KELLER WILLIAMS REALTY GULF COAST
Bought with:
Dustin Sanders
Levin Rinke Realty
Source: PAR,MLS#: 668562
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall/Window Unit(s)
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Water Heater, Electric Water Heater, Refrigerator
- Laundry: W/D Hookups
Features
- Ceiling Fan(s)
- Flooring: Simulated Wood
- Windows: Double Pane Windows, Blinds
- Has basement: No
Interior area
- Total structure area: 1,404
- Total interior livable area: 1,404 sqft
Property
Parking
- Parking features: 2 Space/Unit
Features
- Patio & porch: Covered
Lot
- Dimensions: 118x155
- Features: Interior Lot
Details
- Parcel number: 131n301001004001
- Zoning description: Res Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Slab
- Roof: Gable
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Cantonment
- Subdivision: None
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$170,000
2% more+$3,400
With Zillow Showcase(estimated)$173,400